3/19/2008 @ 6:00PM

In Depth: Best Places To Buy Foreclosed Homes

10. Washington-Arlington

-Alexandria

Median home price: $366,583

Foreclosure savings: $56,858

Foreclosure rate: 1.16%

Price change 2006-2007: 0.77%

Many exurbs of Maryland and Virginia were drastically overbuilt during the housing boom. Some spots, like Bethesda, Md., were expanded over multiple ZIP codes. Once the market softened, devalued properties, especially outside the Beltway, put a lot of homeowners underwater, and were foreclosed upon.